SouthState Bank NNN Dallas (d/b/a Independent Bank)

1002 Texan Trail, Grapevine, TX 76051

  • For Sale $3,050,000
  • Property Type Retail
  • Lot Size 1.35 Acre
  • # of Floors 1
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2008
  • Date Updated Jun 27, 2025

This is an opportunity to invest in a long term, single tenant bank property offering a solid return that is both recession resistant and an inflation hedge  The building was constructed in 2008 on a 1.35-acre site located in highly desirable area of Grapevine, a suburb of income tax free Dallas, TX. The property is 100% leased to SouthState Bank (NYSE: SSB), d/b/a Independent Bank on an absolute NNN ground lease with approximately 13 years remaining and 10% rent increases every 5 years. SouthState and Independent bank recently merged with SouthState assuming all liabilities and obgligations of Independent Bank. The combined bank have approximatley $65 billion in assets. SouthState Corporation reports a Moody's investment grade credit rating of Baa3 and a Kroll Bond Rating of BBB+. The property has been well maintained with no deferred maintenance.

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Contacts

broker

Keller Williams ONEChicago

Location

Getting Around

  • Walk Score ®

    51/100 Somewhat Walkable
  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grapevine, TX
  • Zip Code 76051
  • Market Dallas Fort Worth

Points of Interest

  • DFW Airport North

    0.74 miles

  • Grapevine-Main Street

    0.82 miles

  • Grapevine Vintage Railroad

    0.86 miles

  • B20-B49

    2.58 miles

  • DFW Airport Terminal B

    2.69 miles

  • DFW Airport Terminal A

    2.70 miles

  • B1-B19

    2.82 miles

  • A8-A21

    2.82 miles

  • A22-A39

    3.06 miles

  • D23-D40

    3.07 miles

  • Texaco

    0.14 miles

  • Tesla Supercharger

    0.16 miles

  • Chevron

    0.48 miles

  • Shell

    0.48 miles

  • QuikTrip

    1.29 miles

  • Freeman Buick GMC

    1.67 miles

  • Texas Nissan of Grapevine

    1.89 miles

  • Exxon

    1.91 miles

  • Sam's Club

    2.01 miles

  • EVgo

    2.21 miles

  • DFW Airport North Station - Park and Ride

    0.71 miles

  • Grapevine Main Street Parking Garage

    0.79 miles

  • Remote North

    1.59 miles

  • DFW North Cell Phone Lot

    1.81 miles

  • UPS Employee Parking

    1.91 miles

  • Employee Lot

    2.00 miles

  • Employee Lot - A, B, and D Gates

    2.15 miles

  • Express North - Covered

    2.16 miles

  • Express North - Uncovered

    2.18 miles

  • Mesa

    0.07 miles

  • Jr's Stone Oven Pizza

    0.16 miles

  • Chicken Express

    0.19 miles

  • Shipley Do-Nuts

    0.38 miles

  • Pizza Hut

    0.40 miles

  • Popeyes

    0.42 miles

  • Taco Casa

    0.45 miles

  • Subway

    0.55 miles

  • Bartley's BBQ

    0.55 miles

  • Whataburger

    0.57 miles

  • Farmers Market Grapevine

    0.83 miles

  • Target

    1.52 miles

  • Big Lots

    1.54 miles

  • Ross

    1.56 miles

  • Bealls

    1.59 miles

  • Tom Thumb

    1.87 miles

  • American Freight

    2.06 miles

  • Macy's

    2.10 miles

  • Saks Off 5th

    2.17 miles

  • Saks Fifth Avenue

    2.17 miles

Frequently Asked Questions

How much does SouthState Bank NNN Dallas (d/b/a Independent Bank) cost?

The space currently listed for sale at SouthState Bank NNN Dallas (d/b/a Independent Bank) asks for $3,050,000.

What is the total square footage of SouthState Bank NNN Dallas (d/b/a Independent Bank)?

SouthState Bank NNN Dallas (d/b/a Independent Bank) totals 5,479 square feet.

When was this property built?

SouthState Bank NNN Dallas (d/b/a Independent Bank) was built in 2008.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

Keller Williams ONEChicago

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